- This week’s New to the Street episode revolves around a recent cyberattack targeting ICBC (Industrial and Commercial Bank of China Limited), the world’s largest bank
- ICBC and its subsidiary, ICBC Financial Services, fell victim to a crippling ransomware attack, resulting in a system shutdown
- Sekur’s secure email solution operates exclusively on the company’s wholly-owned servers, safeguarding both senders and recipients, even if the latter is not a Sekur subscriber
New to the Street TV, a leading financial and business news show, recently sat down with Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FRA: GTD0) CEO Alain Ghiai to discuss the recent cyberattack on one of China’s largest financial institutions. The Weekly Hack segment brings Mr. Ghiai, TV co-host, and multimedia journalist Ana Berry to discuss security and privacy issues sweeping the nation.
The focal point of this episode revolves around a recent cyberattack targeting ICBC (Industrial and Commercial Bank of China Limited), the world’s largest bank (https://ibn.fm/hY95q). ICBC and its subsidiary, ICBC Financial Services (“FS”), fell victim to a crippling ransomware attack, resulting in a system shutdown. The consequences were dire, with approximately $9 billion worth of US Government Bond trades and other financial transactions unable to settle, causing significant turbulence in the financial markets.
Mr. Ghiai, drawing on his extensive expertise, speculates that the cyberattack compromised the bank’s corporate email system, paving the way for the ransomware intrusion. What struck him as unusual was the shift of executives to using Gmail accounts for communication when the corporate system was offline, underscoring the inherent cybersecurity risks associated with open-platform, free Big Tech email services.
Mr. Ghiai takes the opportunity to share the origins of Sekur, a company he founded a decade ago in response to the Sony Pictures Entertainment hack. Since its inception, Sekur has rolled out an array of subscription-based products tailored for individuals and businesses. Notably, SekurMail, featuring the innovative SekurSend/SekurReply feature, significantly reduces the likelihood of a cyber breach.
This secure email solution operates exclusively on Sekur’s wholly-owned servers, safeguarding both senders and recipients, even if the latter is not a Sekur subscriber. Importantly, Sekur refrains from third-party platforms or software, ensuring all offerings are encrypted and closed-looped.
Another vital component of Sekur’s comprehensive privacy solutions is SekurVPN, which offers users a Swiss VPN IP address, effectively concealing their online presence in Switzerland. This strategic approach virtually eradicates the tracking of users’ web traffic. All electronic communications by Sekur subscribers are routed through the company’s proprietary data servers in Switzerland, a nation known for having the strictest privacy laws globally.
Sekur is offering viewers an exclusive opportunity to subscribe using the PROMO CODE: PRIVACY, which grants a 15% discount on all products and bundled services for the next five years to demonstrate its commitment to privacy. It is essential to emphasize that Sekur never engages in data selling, never requests phone numbers, abstains from utilizing third-party cloud applications, and refrains from tracking web traffic.
NOTE TO INVESTORS: The latest news and updates relating to SWISF are available in the company’s newsroom at https://ibn.fm/SWISF